Skip to main content

About your Search

20121101
20121130
Search Results 0 to 1 of about 2
to withdraw. thousands of refugees fled today as the rebels pushed into the city. some 1,500 u.n. peacekeepers and armor stood aside, and did not try to block the advance. congo has accused neighboring rwanda of backing the rebels in an effort to control the region's mineral wealth. federal prosecutors in new york announced charges today in what could be the single biggest insider trading payoff ever. mathew martoma allegedly used confidential information about an alzheimer's drug to make more than a quarter-billion dollars. at the time, in 2006, he managed a hedge fund portfolio. for more, we turn to david voreacos of bloomberg news. >> thank you for having me. sreenivasan: first off how did this alleged scream work. what kind of information was being traded? >> well, the prosecutors today in new york allege that a hedge fund advisor at f.a.c. capital advisors in connecticut which is run by billionaire steve cohen gathered inside information about an alzheimers cli.$kal drug trial that was being conducted. based on that information he built a position of $700 million in the two drug companies
off suspects. u.n. ambassador susan rice used the edited version in remarks five days after the attack. some republicans have accused her of downplaying the terror link to avoid hurting the president's re-election bid. but senate intelligence chair dianne feinstein defended rice today. >> we have seen wrong intelligence before. and it all surrounded our going into iraq. and a lot of people were killed based on bad intelligence. so and i don't think that's fair game. i think mission takes-- mistakes get made. >> holman: the benghazi attack killed u.s. ambassador chris stevens and three other americans. in afghanistan, 17 civilians were killed today when their bus set off a roadside bomb. the victims were on their way to a wedding. separately, two nato service members were killed in a roadside bomb attack in the eastern part of the country. there was hopeful talk today about avoiding the "fiscal cliff" after president obama met with congressional leaders at the white house. a series of tax increases and spending cuts will kick in on january 1, unless the two sides can come to agreement.
Search Results 0 to 1 of about 2